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We expect KC to trend downwards today.

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect KC to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect KC to trend downwards 12 hours following the event release at 17 Sep 14:00 if the released value is < 72. A price movement of 382 pips is expected. Historical events that allowed us to draw this conclusion

13 Aug 14:00
16 Jul 14:00
14 May 14:00
16 Apr 14:00
15 Jan 15:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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JPN225 has broken through resistance of a Channel Down. It has touched this line at least twice in the last 4 days.

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